Small Loans with Bad Credit in Australia.

Loans from $2,001 to $5,000**

Personal Loans

Don’t be held back if you have a Bad Credit history.
Apply online for a Small Loan with Finance One.

Finance One understands that life can throw you a few curve balls. Maybe your car has broken down, the rental bond is more than you expected, your dog needs surgery or the budget for your big day has blown out. We could have you covered with our Small Loans from $2,001 – $5,000**.

We help to improve the lives of everyday Australians with our Small Loans for people with a bad credit history or no credit history who may have experienced defaults and bankruptcy in the past. If you have a poor credit history, there’s no need to stress just yet! We might have the solution.

Normal lending criteria, terms & conditions and fees & charges apply.

What can I apply to use a Small Loan for?

  •  Vehicle repairs
  • Furniture
  • Pet surgery
  • White goods
  •  Special occasion
  • Purchase costs of a vehicle
  • Travel expenses
  • Home improvements
  • Medical expenses
  • Education expenses
  • Dental expenses
  • New tyres for the car
  • Bills
  • Vehicle repairs
  • Furniture or white goods
  • Groceries
  • Pet surgery
  • Bond and rent
  • Special occasion
  • Purchase costs of a vehicle
  • Travel expenses
  • Home improvements
  • Medical expenses
  • Education expenses
  • Dental and medical expenses
  • New tyres for the car
  • and much more

Quick and Easy Loans Online

If you’ve previously experienced bad credit, securing personal finance in Australia through the big banks can be a tricky process. Finance One believes that everyone deserves a second chance for finance! That’s why we have an online solution to offer fast Small Loans for people whose credit files aren’t perfect.

We understand that sometimes bad credit just happens – we get it! We have helped thousands of everyday Australians in similar situations.

Personal Loan Range

Loans from $2,001 to $5,000**

Personal Loan Term

Loan terms from 1 month to 24 months

Personal Loan Time

Approvals in as little as 24 hours*

Can I apply for a Finance One Small Loan?

You shouldn’t have to jump through hoops when you’re short on cash, so we’ve kept our online loan application process as simple as possible. Our quick and easy online application process can be completed in minutes and you could have your approval in as little as 24 hours.*

To be eligible to apply, we can consider the following:


Are you receiving regular income?

Step 2


Do you want to borrow over $2,001 but less than $5,000**


Are you at least 18 years of age?
Step 2

Credit History.

Defaults on your credit file or discharged from bankruptcy?

Why Finance One? Because we believe in second chances.

Since 2010, Finance One has taken a compassionate and flexible approach to lending to everyday Australians.

We strive to find finance solutions for everyone – especially those who have been rejected by the banks. We go above and beyond to help provide smart solutions to your finance problems.

Flexible Loan Repayments


Finance One customers can make extra repayments or increase their repayment amount at any time.**

100% Aussie

100% Aussie

With offices in Townsville and Brisbane, our team is ready to assist you in finding financial success.

Personal Loan Time


Our dedicated support team will get to know you and provide personalised service.

Let us answer your questions.

Can I apply for a Small Loan from Finance One if I have a bad credit history?

Yes! Finance One can consider applicants whose credit history includes defaults, previous bankruptcies or Part IX Debt Agreements. Talk to us about applying for a Small Loan today.

Can I make extra repayments, increase my repayments or pay my Small Loan out early?

Yes, you can make extra repayments or increase your repayments. However, some of our loans do have an early payout fee. We recommend you review your loan terms or contact us to confirm if an early payout fee applies to your loan.

What documents do I need to provide when I apply?

The minimum documents we require for an easy application include:

  • Most current three months of bank statements (we will provide you with our secure link to bankstatements.com.au to provide your bank statements);
  • Proof of your income; and
  • Completed application form and privacy consent statement.
How quickly could I receive my Small Loan funds?

We could provide you with a 24 hour approval!*

Approvals are subject to satisfactory documentation being received to assess the application.

Can I apply for a Small Loan if I'm receiving Centrelink benefits?

If we are satisfied that you can keep on top of your loan repayments, you may be able to apply for a Small Loan even if you receive Centrelink payments or Government benefits. Whether you’re receiving parenting payments, youth allowance, Carer Payments or another type of benefit, your Centrelink income statement will show us what income you are receiving.